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Thursday, October 11, 2007

Klein Taps Ex-HelioGraph Founder for Sales Role

News summary by MFWire's editors

Klein Decisions, a startup focused on developing tools for fund firms and other financial services companies, has hired Joe Bellofatto as a senior account executive. Bellofatto was a founding member of HelioGraph which was acquired by CheckFree in November 2003. After the sale Bellofatto took a sales and relationship management role at the CheckFree. At Klein Decisions he will be will sell the K4 Decision Tools product line.

Klein Decisions, LLC has announced the hiring of Senior Account Executive Joe Bellofatto.

Bellofatto joins Klein Decisions in a senior sales role for Klein's suite of web-based investment decision solutions known as the K4 Decision Tools. He brings 20 years of experience in sales of software to the investment management industry.

Before joining Klein, Bellofatto played a key sales and relationship management role with CheckFree Software, the leading provider of securities transaction process management and operational risk management systems. During his tenure at CheckFree, Bellofatto sold to the institutional investment management industry in North America. Prior to his position with CheckFree, Bellofatto was a founding member of the North American operation for HelioGraph, Inc., which CheckFree acquired in November 2003, and was instrumental in rapidly establishing the company as a dominant player for transaction process management software.

"Joe is a seasoned sales executive with extensive experience in financial services. He will be based in New York for greater access to some of the key players in our customer and prospect base," said Managing Director Bob Padgette. "With his industry knowledge, his experience, and his contacts, we are confident Joe will help Klein go to the next level in our growth."

About Klein Decisions, LLC

Klein Decisions was founded in 2002 by Robert L. Padgette, CFA, CIMA, to develop dynamic decision systems based on a patented process that applies a widely accepted statistical technique to investment decisions in a revolutionary way. Headquartered in Raleigh, North Carolina, Klein's team of experienced investment and technology experts have introduced a suite of web-based applications that overcome the limitations of single-factor, linear analysis in a variety of investment decisions including evaluation of mutual funds, money managers, model portfolios, and retirement planning goals. Please visit us at www.kleindecisions.com or call us at 919-233-6767. 

Edited by: Erin Kello

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